Page 22 - Implementing Rules News Today

The number of registered SIM cards in the Philippines has breached 52 million, said the Department of Information and Communications Technology (DICT), 30 days before the mandatory measure ends.

President Marcos urged Filipinos yesterday to be part of the solution to climate change and to join efforts to protect the environment as the world observed Earth Hour.

The Department of Finance (DOF) said the Australian government will provide technical expertise in rolling out infrastructure projects under the public private partnership (PPP) in the Philippines.

The Anti-Red Tape Authority has rejected the request filed by Lyka Philippines Solutions Inc. for the automatic approval of its application for company registration with the Securities and Exchange Commission.

‘Also, as part of efforts to further streamline business permit and licensing processes, we have issued an Executive Order constituting green lanes for strategic investments’

The Associated Marine Officers and Seafarers Union of the Philippines (AMOSUP), the largest seafarer union in the country is supporting the escrow deposit provision in the Magna Carta of Filipino Seafarers that the House Committee on Overseas Workers included in House Bill No. 7325, also known as “An Act Instituting…

Neda releases implementing rules on foreign ownership

Foreign Sovereign Wealth Funds (SWFs) can collectively invest a maximum of 30 percent in Philippine companies engaged in the operation of public utilities and critical infrastructure such as telecommunications, according to the newly released Implementing Rules and Regulations (IRR) of the Public Service Act (PSA). On Monday, the National Economic…

Most of the flagship projects that the government intends to undertake are aimed at improving physical connectivity and the management of water resources, according to Finance Secretary Benjamin Diokno. Diokno presented the government’s infrastructure plan on Monday in a forum organized by the Foreign Correspondents Association of the Philippines. The…

The Supreme Court has ruled that interment services are to be covered by the 20 percent discount on funeral and burial expenses provided by the Senior Citizens Act and its amending laws.